ICO was characterized as suspected of illegal fund-raising, and Magic Farm took away 200 million

I saw two pieces of news over the weekend:

1. ICO was characterized as suspected of illegal fund-raising;

2. A so-called financial management game called Magic Farm. Make two hundred million;

Last Thursday, I shared some knowledge about the Internet investment platform with my friends in the QQ group, and talked about various financial scams disguised as the Internet, including the front-end IFGOX foreign exchange. Trading platform and Shanxinhui, these two are scams that have been confirmed. At that time, we talked about the recently very popular ICO.

In fact, as a technical novice, I don’t understand the technical principles of blockchain technology, Bitcoin and various virtual currencies, and I don’t know much about ICOs based on these. But I told the friends in the group a principle of judgment:

Don’t touch things you don’t understand.

I believe that most people, like me, are not familiar with the so-called blockchain technology, and they also express their inability to understand various ICO projects. If you follow this principle and do not understand it, then Don't vote.

But there are always some people who, although they don’t understand, see so many people investing a lot of money in it. Bitcoin has indeed risen to tens of thousands of yuan a piece, plus the project launch If you read the wonderful prospects described by the author, you will feel that if you don’t seize this opportunity, I will never be able to make a fortune in this life. The attraction of high returns + the fear of losing the big money. As soon as the two motivations converge, some people will take out their own money and start investing.

As a result, the ICO projects on the market are really booming. A group of people who don’t understand blockchain technology or virtual currency at all join this project with beautiful visions. A wave of investment.

Well, ICO is now classified as suspected of illegal fund-raising.

In fact, it is not difficult to understand that you should not touch things you do not understand.

Why does the bank pay you interest when you deposit money in the bank? Because it can use the money for loans, earn loan interest, and then share a share of the pie with you;

Put the money in the balance Bao, the fund manager will use the money to make some low-risk investments, such as overnight interbank lending, short-term high-quality bonds, etc. After making money, the income will be distributed to you, and the fund manager will charge you a small management fee and other expenses;

To buy stocks with money is to become a shareholder of a listed company and have the opportunity to share the dividends in the development process of the listed company. Why are there these dividends? Because the company provides high-quality products and services, consumers are willing to pay for them, and the company can pass These businesses make money, and then share the money with shareholders who have always supported them;

Investing in projects on P2P platforms is lending money to individuals and companies in need. Individuals and companies occupy your Of course, they need to pay you a certain amount of interest, otherwise who would lend them money;

If you understand the logic and principles of these investments, then you can control the risks. Invest with peace of mind.

But even these financial investment products that have been around for decades or hundreds of years and are strictly regulated (except P2P, which is why the risk of P2P is very high), also have their risks. If you don’t understand, blindly If you enter the stock market, you will also suffer heavy losses.

Then why do you dare to invest in an ICO project that has almost no supervision and you don’t understand?

Why can ICO projects help you make money? ICO projects will generally tell you that if you invest money and buy our virtual coins, you can make money in the future.

Making money, where does this money come from?

What practical problems can this ICO project solve, and can it provide any real value to society? Can it be profitable in some way?

If not, where will the money come from?

Waiting for someone else to buy it from you at a higher price?

Why would others buy it from you at a higher price? How did you come to this conclusion and what evidence is there to support it? What if no one buys it?

There is no denying that there are reliable ICO projects, but only those who are knowledgeable in this field can tell them apart. Most people do not have this ability. In this case, it is better to be cautious.

Let’s talk about the financial management game Magic Farm that took away 200 million.

Before I saw this news, I didn’t know that scammers could actually use games to cheat money: players invest a certain amount of money in the game to cultivate roses on their own farm. And this flower can be converted into cash. As long as you invest 330 yuan, it can be turned into 17,000 yuan in 5 months!

This is just static income. If you log out and enter the game, the income will be even higher!

It is said that this game has deceived many people, and many people still borrow money or loans to participate in the game.

330 yuan will become 17,000 yuan in 5 months, and even higher if you recruit people!

Even if you think about it with your toes, you know it’s a scam!

With just a layer of game cover, it defrauded about 300,000 people.

I really don’t know what to say.

The reason why some people invested was actually: Magic Farm has a WeChat group. In the group, the head of the game posted some photos of the so-called offline stores opened by the company, which contained slogans sent by Tencent. I felt Even Tencent has endorsed the company, so it should be fine.

Are you going to make Ma Huateng angry to death?

Didn’t you know there is something called a P picture in the world?

Poor Tencent!

Every time I see this kind of news, I feel a mixed feeling: on the one hand, I feel very sad, especially for some low-income people, because they are not well educated, do not understand the Internet, and lack Basic common sense of financial management and investment. After making a little money at the beginning, they often borrow money from relatives and friends to continue investing. After the scam is exposed, they don’t know what kind of life they will face. For others who have received higher education, they can obviously rely on logic. , common sense, and basic search capabilities can obtain information and judge whether it is a scam. However, because of the attraction of high returns, they ignored all abnormal factors and were finally deceived. I really hate it a little bit. There is no steel; and there are still a small number of people who clearly know that this is a scam, but still want to invest. The only reason they are blocked is that they can escape smoothly before the scam collapses, and what they want is high returns. For such people, I can only say One sentence: Good luck to you.

A magical farm has run away. I don’t know how many similar games exist, and I don’t know how many people will continue to become victims.

I just hope that friends who read my article will remember this sentence in investment: don’t touch things you don’t understand.

Don’t be easily tempted by saying that you missed the bull market, missed the golden decade of real estate, missed the Internet entrepreneurship wave, and you can’t miss so-and-so.

You have to understand: there are many investment opportunities, and they will indeed appear at any time, but you have to ask yourself whether you understand this opportunity and whether you have the ability to seize this opportunity. Those who cannot If you have the opportunity to understand, don’t worry.